Costamare Inc.Demonstrates Stability and Commitment to Shareholders with Quarterly Dividend Announcement
Costamare Inc.recently declared cash dividends for its preferred stockholders, showcasing the company’s commitment to providing value to its shareholders.The dividends for the 7.625% Series B, 8.50% Series C, 8.75% Series D, and 8.875% Series E Cumulative Redeemable Perpetual Preferred Stocks will be paid on July 15, 2024 to holders of record as of July 12, 2024.The dividend for the Series E Preferred Stock will be paid just before the planned redemption of all outstanding shares of Series E Preferred Stock.
This announcement comes on the heels of Costamare Inc.’s previous quarterly dividend declaration on October 2, 2023, further emphasizing the company’s stability and commitment to its shareholders.The company’s shares have shown significant improvement, with a 68.51% increase from a year ago and a year-to-date performance of 53.84%. Additionally, Costamare Inc.shares have reached their 52-week high, reflecting positive market sentiment towards the company.
With a strong dividend payout and impressive share performance, Costamare Inc.continues to demonstrate its dedication to providing value to its shareholders and maintaining stability in the market.
Comments